Adobe (NASDAQ: ADBE) SVP Forusz reports RSU vesting, new grant and tax withholding

Rhea-AI Filing Summary

Adobe Inc. senior vice president and chief accounting officer Jillian Forusz reported routine equity compensation activity. On April 15, 2026, multiple tranches of restricted stock units vested, converting into a total of 689 shares of Common Stock through derivative exercises.

Forusz also received a new grant of 3,894 Restricted Stock Units, which are scheduled to vest over time according to quarterly and annual schedules starting between January 15, 2023 and April 15, 2026. To satisfy tax obligations at vesting, 236 Common Stock shares were surrendered at a price of $244.66 per share, classified as tax-withholding dispositions rather than market sales.

After these transactions, Forusz directly owns 4,276.156 shares of Adobe Common Stock. The filing shows compensation-related vesting and withholding activity, not open-market buying or selling.

Insights

Equity compensation analyst

Adobe executive reports RSU vesting, new grant, and tax withholding with no open-market trades.

Jillian Forusz, Adobe’s SVP & CAO, reported several equity compensation events. Restricted Stock Units vested and were converted into 689 shares of Common Stock via derivative exercises, and she received a new award of 3,894 RSUs.

The filing also records 236 shares of Common Stock surrendered at $244.66 per share to cover tax liabilities at vesting, coded as F transactions. These are not open-market sales but administrative withholdings. After these changes, she directly holds 4,276.156 Common Stock shares.

Because the activity is standard RSU vesting, a new grant, and tax withholding with no net open-market buying or selling, this event is typically viewed as routine and not a signal of a changed outlook on Adobe’s stock.

Insider Trade Summary

689 shares exercised/converted

Mixed 13 txns

Insider Forusz Jillian

Role SVP & CAO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	59	$0.00	--
Exercise	Restricted Stock Units	34	$0.00	--
Exercise	Restricted Stock Units	21	$0.00	--
Exercise	Restricted Stock Units	575	$0.00	--
Grant/Award	Restricted Stock Units	3,894	$0.00	--
Exercise	Common Stock	59	$0.00	--
Tax Withholding	Common Stock	20	$244.66	$5K
Exercise	Common Stock	34	$0.00	--
Tax Withholding	Common Stock	11	$244.66	$3K
Exercise	Common Stock	21	$0.00	--
Tax Withholding	Common Stock	7	$244.66	$2K
Exercise	Common Stock	575	$0.00	--
Tax Withholding	Common Stock	198	$244.66	$48K

Holdings After Transaction: Restricted Stock Units — 180 shares (Direct); Common Stock — 3,882.156 shares (Direct)

Footnotes (1)

1. Shares surrendered to pay tax liability due at vesting. Vests 6.25% quarterly from the vesting commencement date of January 15, 2023. Vests 6.25% quarterly from the vesting commencement date of January 15, 2024. Vests 6.25% quarterly from the vesting commencement date of January 15, 2025. Vests 6.25% quarterly from the vesting commencement date of January 15, 2026. Vests 50% annually on the first and second anniversaries of the April 15, 2026 vesting commencement date.

Key Figures

RSU-derived shares: 689 shares New RSU grant: 3,894 RSUs Tax-withheld shares: 236 shares +2 more

5 metrics

RSU-derived shares 689 shares Common Stock received via derivative exercises on April 15, 2026

New RSU grant 3,894 RSUs Awarded to Jillian Forusz on April 15, 2026

Tax-withheld shares 236 shares Shares surrendered to pay tax liability at vesting

Tax price per share $244.66 per share Value used for tax-withholding share surrenders

Post-transaction holdings 4,276.156 shares Adobe Common Stock directly owned after April 15, 2026 transactions

Key Terms

Restricted Stock Units, derivative exercise/conversion, tax-withholding disposition, vesting commencement date, +1 more

5 terms

Restricted Stock Units financial

"Multiple tranches of restricted stock units vested, converting into Common Stock shares."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

derivative exercise/conversion financial

"689 shares of Common Stock were received through derivative exercise/conversion transactions."

tax-withholding disposition financial

"Shares surrendered at $244.66 per share are coded as tax-withholding disposition events."

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

vesting commencement date financial

"RSU awards vest 6.25% quarterly from the respective vesting commencement date."

The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.

grant, award, or other acquisition financial

"A 3,894-unit RSU grant is classified as a grant, award, or other acquisition."

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Forusz Jillian

(Last) (First) (Middle)

ADOBE INC.

345 PARK AVENUE

(Street)

SAN JOSE CALIFORNIA 95110

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ADOBE INC. [ ADBE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & CAO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/15/2026		M		59	A	$0	3,882.156	D
Common Stock	04/15/2026		F		20	D	$244.66(1)	3,862.156	D
Common Stock	04/15/2026		M		34	A	$0	3,896.156	D
Common Stock	04/15/2026		F		11	D	$244.66(1)	3,885.156	D
Common Stock	04/15/2026		M		21	A	$0	3,906.156	D
Common Stock	04/15/2026		F		7	D	$244.66(1)	3,899.156	D
Common Stock	04/15/2026		M		575	A	$0	4,474.156	D
Common Stock	04/15/2026		F		198	D	$244.66(1)	4,276.156	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0	04/15/2026		M			59	(2)	(2)	Common Stock	59	$0	180	D
Restricted Stock Units	$0	04/15/2026		M			34	(3)	(3)	Common Stock	34	$0	241	D
Restricted Stock Units	$0	04/15/2026		M			21	(4)	(4)	Common Stock	21	$0	240	D
Restricted Stock Units	$0	04/15/2026		M			575	(5)	(5)	Common Stock	575	$0	8,636	D
Restricted Stock Units	$0	04/15/2026		A		3,894		(6)	(6)	Common Stock	3,894	$0	3,894	D

Explanation of Responses:

1. Shares surrendered to pay tax liability due at vesting.

2. Vests 6.25% quarterly from the vesting commencement date of January 15, 2023.

3. Vests 6.25% quarterly from the vesting commencement date of January 15, 2024.

4. Vests 6.25% quarterly from the vesting commencement date of January 15, 2025.

5. Vests 6.25% quarterly from the vesting commencement date of January 15, 2026.

6. Vests 50% annually on the first and second anniversaries of the April 15, 2026 vesting commencement date.

Remarks:

	/s/ Jillian Forusz	04/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Adobe (ADBE) executive Jillian Forusz report?

Jillian Forusz reported RSU vesting and a new equity grant. Several Restricted Stock Unit awards converted into 689 Common Stock shares, she received 3,894 new RSUs, and some shares were withheld to satisfy tax liabilities at vesting, all as routine compensation activity.

Did Adobe SVP & CAO Jillian Forusz buy or sell ADBE shares on the market?

The filing shows no open-market purchases or sales. It records RSU vesting, derivative exercises, a new grant of 3,894 RSUs, and 236 shares surrendered at $244.66 per share solely to cover tax obligations associated with vesting, not discretionary trading.

How many Adobe shares does Jillian Forusz hold after these Form 4 transactions?

After the reported transactions, Jillian Forusz directly owns 4,276.156 Adobe Common Stock shares. This figure reflects RSU conversions into shares and tax-withholding surrenders recorded on April 15, 2026, as part of her ongoing equity compensation program.

What RSU grant did Adobe (ADBE) report for Jillian Forusz on April 15, 2026?

Adobe reported a grant of 3,894 Restricted Stock Units to Jillian Forusz. According to the footnotes, these RSUs vest 50% annually on the first and second anniversaries of the April 15, 2026 vesting commencement date, providing multi-year equity-based compensation.

Why were some Adobe shares surrendered by Jillian Forusz in this Form 4?

A total of 236 Adobe Common Stock shares were surrendered at $244.66 per share. Footnotes explain these dispositions were to pay tax liabilities due at vesting of her RSUs, making them withholding events rather than open-market sales or discretionary divestments.